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VRBO® is Vacation Rentals by Owner® |
Protecting yourself while renting "by-owner"VRBO Vacation Rentals by Owner is supplying the following information to help you determine if renting direct from the owner is an option you wish to pursue. By following a few simple suggestions, we believe that you to can reap the benefits of renting direct while at the same time minimizing your exposure to risk. First, we must remind you that VRBO operates strictly as an advertising medium - please fully read our disclaimer. VRBO lists ten's of thousands of properties all over the world. By far the vast majority of properties you will encounter on the Internet (especially those listed on services such as VRBO) are indeed legitimate. Nevertheless, we do recommend that you reduce your risk by using judgment and caution. Remember that these suggestions apply when dealing with anyone you don't personally know, whether a business entity or an individual.
It is very unusual that an owner will reserve a property for you without a deposit and typically they will expect full payment BEFORE YOU
ARRIVE. Remember that the owner is turning over to you property that is typically worth hundreds of times the weekly rental rate. Since they normally only have one or maybe a few properties to rent, when they reserve it for your use, they will most likely have to turn away other renters who want to rent the same time period. The owner needs to insure that you do intend to occupy the property during the time interval that you are reserving. This is the reason they ask for your deposit.
5. Many of our listings do display an optional "guestbook" where
previous renters can leave their comments. (For an example, please see
listing #176 <http://www.vrbo.com/176
> and click on "View comments from previous guests".) The listings
that have a guestbook are identified by the "Blue Exclamation Mark
Bubble" icon on the Index page. You will find that looking for
listings with the guestbook is helpful in determining which properties
will be right for your travel needs. If the listing does not have a
guestbook with a number of positive reviews, look for ones that do or
follow the step suggested above.
6. Remember the old saying, 'if it seems to good to be true, then it probably is'. If a listing has beautiful photos but the price is much lower than their competitors, we should wonder why. If a listing is much bigger than properties in the same area, you should wonder why. Make sure the amenities seem 'normal' for the area where the property is located. 7. Prior to sending any money to an owner or providing a credit card number, ALWAYS request and receive a completed rental agreement or contract. Be sure that it specifies the dates you will be staying in the property, the cost of the rental, any deposits, taxes, cleaning fees, and the cancellation and refund policies. Without a signed rental agreement DO NOT consider the rental to be yours. If you do and something unforeseen happens, you may have little recourse in getting your funds returned. If an owner prefers not to use a contract or written agreement, find one that will. 8. Your best protection can come by working
with property owners that accept credit cards. First,
there are certain protections that the banks put in place and not everyone
qualifies to accept credit cards. Secondly, using your credit card does provide you with certain remedies that are unavailable via other forms of payment.
Note, paying via PayPal may not provide you the same same level of
protection that paying directly via credit card provides. Avoid
listings that demand quick payment via a wire service like Western Union or bank transfer. |